Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Giridharan K (Student)     18 December 2009

share application money pending allotment

Hi All

What is Share Applicaiton money Pending Allotment?  Why is it shown seperately in Balance sheet?  I couldn't find it in Schedule VI. What's the stipulated time for returning application money received not alloted and if not returned within the stipulated time, what are the consequences?

Kindly explain me

 1 Replies


VICKY (CA-Final)     19 December 2009

 i thnk Time periiod is 120 days from the date of prospectus. & interst will be payble in default

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Threads

Start a New Discussion

Popular Discussion

view more »

Subscribe to the latest topics :
Search Forum:

Trending Tags